Aug 17 (Reuters) - Viva Energy Group Ltd (VEA) :
- TO RETURN ALL REMAINING PROCEEDS FROM DIVESTMENT OF ITS INTEREST IN WAYPOINT REIT (FORMERLY VIVA ENERGY REIT) TO SHAREHOLDERS
- TO PAY CAPITAL RETURN (SUBJECT TO SHAREHOLDER APPROVAL) AND A SPECIAL DIVIDEND IN AMOUNT OF $530 MILLION
- EXPECT REFINING MARGINS TO REMAIN UNCERTAIN AND CHALLENGING AS REGIONAL AND LOCAL DEMAND RECOVERS OVER REMAINDER OF 2020 AND 2021
- PROPOSES TO RETURN ABOUT $530 MILLION, AT $0.2740 PER SHARE TO SHAREHOLDERS IN OCT
- ON GEELONG ENERGY HUB, AN EXPRESSIONS OF INTEREST PROCESS TO ESTABLISH AN LNG REGASIFICATION FACILITY UNDERWAY
- EXISTING BUY-BACK PROGRAMME EXPECTED TO CONTINUE FOLLOWING IMPLEMENTATION OF CAPITAL RETURN AND SPECIAL DIVIDEND
- EXPECT TO BE IN A POSITION TO COMMIT TO FEED WORK BEFORE YEAR-END & CONTINUE WORK ON OTHER OPPORTUNITIES ASSOCIATED WITH ENERGY HUB
- MAINTENANCE ON RCCU PROGRESSING WELL, EXPECT THAT REFINERY WILL BE READY TO RETURN TO FULL PRODUCTION BY LATE OCT 2020
- RCCU RESTART WILL BE DEPENDENT ON RECOVERY OF LOCAL DEMAND & REFINING MARGIN ENVIRONMENT EXPECTED AT THAT TIME
News: VEA Viva Energy To Return Remaining Proceeds From Sale Of Waypoint REIT Interest To...
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Last
$2.02 |
Change
-0.040(1.94%) |
Mkt cap ! $3.261B | |||
| Open | High | Low | Value | Volume |
| $2.07 | $2.07 | $2.02 | $9.043M | 4.459M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 76036 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 6345 | 2 |
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